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REGULAR MEETING AUGUST 22, 2017 268 <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS <br />FOR THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: <br />1. The Board hereby donates the City Funds to the Foundation in an amount equal to <br />Ten Thousand Dollars ($10,000.00) to be used by the Foundation in furtherance and support of <br />its commercial relief efforts in the City. <br />2, This Resolution will be in full force and effect after its adoption by the Board. <br />ADOPTED at a meeting of the South Bend Board of Public Works held on August 22, <br />2017, at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. <br />CITY OF SOUTH BEND <br />BOARD OF PUBLIC WORKS <br />s/ Gary A. Gilot <br />s/ Elizabeth A. Maradik <br />s/ Therese J. Dorau <br />ATTEST: <br />s/ Liz Horvath <br />ADOPT RESOLUTION NO. 37-2017 A RESOLUTION OF THE BOARD OF PUBLIC <br />WORKS FOR THE CITY OF SOUTH BEND, INDIANA APPROVING THE MASTER TAX- <br />EXEMPT LEASE/PURCHASE AGREEMENT WITH PUBLICFINANCE.COM ACTING <br />THROUGH U.S. BANCORP GOVERNMENT LEASING AND FINANCING INC. <br />Upon a motion made by Ms. Maradik, seconded by Ms. Dorau and carried, the following <br />Resolution was adopted by the Board of Public Works: <br />RESOLUTION NO.37-2017 <br />A RESOLUTION OF THE BOARD OF PUBLIC WORKS FOR THE CITY OF SOUTH <br />BEND, INDIANA APPROVING THE MASTER TAX-EXEMPT LEASE/PURCHASE <br />AGREEMENT WITH PUBLICFINANCE.COM ACTING THROUGH U.S. BANCORP <br />GOVERNMENT LEASING AND FINANCING, INC. <br />WHEREAS, the City of South Bend Board of Public Works ("Board") is the contracting <br />body for the City of South Bend, Indiana ("City") and the Board has the authority under the laws <br />of Indiana to purchase, acquire and lease property; and <br />WHEREAS, the Board have determined that a need exists for the purchase and <br />subsequent financing of certain property for the benefit of the City's operation; and <br />WHEREAS, in order to acquire such property, the Board has entered into a certain <br />Master Tax -Exempt Lease/Purchase Agreement with Publicfinance.com acting through U.S. <br />Bancorp Government Leasing and Financing, Inc. in the form attached and incorporated hereto <br />at Exhibit A; and <br />WHEREAS, time is of the essence in this matter. <br />NOW, THEREFORE, BE IT RESOLVED by the City of South Bend Board of Public <br />Works as follows: <br />1. The Master Tax -Exempt Lease/Purchase Agreement with Publicfinance.com <br />acting through U.S. Bancorp Government Leasing and Financing, Inc. <br />substantially in the form and substance submitted as of this meeting is hereby <br />approved. <br />2. The Board hereby authorizes John Murphy, in his capacity as Chief Financial <br />Officer of the City of South Bend, Indiana to act on behalf of the Board in <br />executing any documents to effect the intent of the Board in connection with the <br />Master Tax -Exempt Lease/Purchase Agreement with Publicfinance.com acting <br />